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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: Mang Cheng who wrote (37025)12/14/1999 2:26:00 AM
From: KyrosL  Respond to of 45548
 
Mang, what had this guy done to Palm to deserve this ? Nothing, but he is the CEO, and that's what CEOs of very successful companies get nowadays. The consolation is that this is just options that will vest over a number of years, so they will help focus his attention on Palm wonderfully.



To: Mang Cheng who wrote (37025)12/14/1999 8:11:00 AM
From: Captain Jack  Read Replies (1) | Respond to of 45548
 
Mang-- <<"and he will get
$48 million in stock options, (Mang's note : what had this guy done to Palm
to deserve this ?)">>
He must have taken lessons from Eric,,,



To: Mang Cheng who wrote (37025)12/14/1999 8:33:00 AM
From: David Lawrence  Respond to of 45548
 
>>Houghton valued Palm at about $10 billion, or about two-thirds of 3Com's $15.5 billion market value. Palm accounted for $176.5 million, or 13 percent, of 3Com's $1.39 billion in revenue in the quarter ended Aug. 27.

Does that mean that the surviving company will have only a $5.5 billion market cap? I think not - it would be gobbled up in a minute. If he's right about the 10/15.5, we have a long way to run.

Also, if he's right about $10 billion, I guess 3Com (shareholders who held) didn't do so bad on the USRX purchase after all. <g>